I share your concern... Started as a manager in a successful scale-up and as usual our engineering staff is white & male (we are hiring from European Timezone). In order to secure the funding round, the higher management has introduced a diversity targets, which is driven aggressively by HR.
Funny enough lots of the European laws forbid asking if the candidate is a member of an "unrepresented" group, so I guess we'll be just eyeballing it??? This won't end good, but one must make a living.
How can you even report to your investors on this diversity? I was under the impression that registering things like sexual/gender/religious identity and "race" are not allowed under GDPR unless you have very good reasons (i would assume securing investment is not one of them).